The business process is a standard measure for a company to follow a procedure to achieve their goal and objective.
This business process is objective to organise business effectively, run it and track down everything which is going on in the process of business. If we talk about the main objective behind the business process it’s always going to be to improve the facility, enhance the services and see if the company’s operation is running smoothly.
If we scrutinize a company and its business process, we should concentrate on three major criteria which show us how their business process is:-
The first criteria will be repeatability meaning if any companies business process is made
keeping in mind that it can repeat multiple times. In simple terms it means that the business process is designed in such a manner that every time you do not need to change, once designed it can be utilized every time you want.
Second thing we should keep in mind when we are analysing the business process is that it should be transparent, it implies we can track down every step and measure and analyse how it is performing.
The last step is going to be adaptability. It means the business process should be adaptable easily. It should be flexible and we can minimise it or maximize its outcome. It should be flexible to adjust according to the changing environment of the business or changing environment of the corporate. Adaptability is proceeding to be one of the most important factors, while discussing the business process as everyday is not going to be the same. There are going to be numerous challenges, when you are handling a business. It should be adaptable to the changing environment.
When any business process has these standards and it is operating effectively on their goal achievement it is considered a good business process.
If we talk about business activity, it is a step by any company or Corporation in order to
to gain profit.
There are six major business activities which companies no matter from which sector they perform.
- Operations and logistics is common business activity where from production to delivery of the right quality product to the customer are part of it.
- Sales and marketing no matter how good your product is, it should have the right strategy to market and ways to sell it.
- General administration consists of numerous business activities such as hiring to provide them the right guidance and management to control.
- Customer service, is also an essential step to achieve your company’s desirable outcome.
- Budgeting and forecasting, a significant aspect for the company to work on.
- Accounting and auditing, it will decide the path of the company.
These two significant aspects of any business first are business processes and second is business activity. These two approaches together can provide a desirable outcome for any corporation.
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